Property Investor Safety Precautions: How to Protect Yourself When You are Showing Your Real Estate Properties
The recent brutal slaying of a real estate broker who was working at an open house in McKinney, Texas brings the concern of individual safety to the forefront. It’s a terrible fact that many of the tasks required for winning realty investing, like showing real estate properties to prospective purchasers or tenants, have some level of danger. You may frequently be by yourself with individuals you do not know, making a possibly hazardous position.
Although statistical data by occupation have not been maintained, agents have been killed, sexually assailed, robbed, and carjacked in the course of conducting business. It is logical that a real property investor can become a victim of the same offenses, but with awareness and by taking several simple safeguards, you can protect yourself.
Keep these safety tips in mind:
-Whenever achievable, see potential property buyers and property sellers in a public spot. Fast food eating houses are terrific places to review paperwork. The meeting also offers you an opportunity to find out as much as you can about the client, including where they work, what they do, how much they take in, etcetera. This helps you qualify the individual as a prospective buyer or property seller as well as provides you a sense of whether he’s legitimate or not.
-Do not presume that because the likely client is a female that she means no damage. Increasingly, females are being utilized to set up a victim for a masculine culprit – or women are actually doing the crimes. Be equally cautious with both men and women.
-Always have a mobile phone and keep it accessible. Hold it in your hand, clip it to your belt, or put it in a pocket – don’t leave your phone in your vehicle or let it drop to the bottom of your bag or briefcase. Program emergency phone numbers in your speed dial. Keep your mobile phone charged. Carry a car charger you can use if necessary.
-Always take your own car when you’re showing or looking at houses, and lock it when you get out of it, even if you are merely going to be a few yards away. Likewise, keep it locked up at all times while you’re driving.
-When showing a house, walk behind instead walk in front of the prospect through the property, and do not let him get between you and the doorway. Avoid going down the basement or other confined areas with an individual you do not know well.
-Let someone know where you will be. If you’re looking at or showing houses, or meeting with prospective clients, be certain someone knows your whereabouts and what time you should return. Have a plan prepared just in case you do not come back on schedule.
-Carry pepper spray in your pocket and know how to make use of it. Think about taking a personal safety training course so you will know what to do in the even that you’re assailed.
-Dress for safety. Avoid wearing expensive jewelry. Wear clothing right for the conditions. If your car conks out or you need to break away from a risky situation on foot, you may find yourself exposed to dreadful conditions for a long while, so keep a coat accessible during the wintertime. Select shoes that will allow you to proceed fast if required.
-If anything makes you uncomfortable, escape from the situation. No transaction is worth your life. Better to feel a bit foolish than to be a victim of a crime.